NLST · XBRL financial data

Netlist financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (NLST's year ends in late December)

In thousands of dollars	FY 2020Jan 2, 2021	FY 2021Jan 1, 2022	FY 2022Dec 31, 2022	FY 2023Dec 30, 2023	FY 2024Dec 28, 2024	FY 2025Dec 27, 2025
Cost of goods and services sold	40,503	93,458	149,745	66,812	144,219	177,190
Gross profit	6,731	48,897	11,892	2,393	2,884	11,440
Research and development	2,953	7,241	10,624	9,164	8,064	3,496
Selling, general and administrative	8,247	10,779	14,347	12,414	12,090	13,223
Total operating expenses	13,568	37,514	45,392	64,150	58,112	36,950
Operating income (loss)	(6,837)	11,383	(33,500)	(61,757)	(55,228)	(25,510)
Other income (expense)	101	643	74	60	316	164
Income tax expense (benefit)	1	6,627	1	1	1	—
Net income (loss)	(7,268)	4,831	(33,370)	(60,398)	(53,865)	(24,824)
Earnings per share, basic USD per share	(0.04)	0.02	(0.14)	(0.25)	(0.21)	(0.09)
Earnings per share, diluted USD per share	(0.04)	0.02	(0.14)	(0.25)	(0.21)	(0.09)
Weighted average shares, basic thousands of shares	183,594	218,171	231,487	244,118	259,904	286,638
Weighted average shares, diluted thousands of shares	183,594	225,589	231,487	244,118	259,904	286,638

Fiscal years (NLST's year ends in late December)

In thousands of dollars	FY 2020Jan 2, 2021	FY 2021Jan 1, 2022	FY 2022Dec 31, 2022	FY 2023Dec 30, 2023	FY 2024Dec 28, 2024	FY 2025Dec 27, 2025
Cash and cash equivalents	13,326	47,679	25,011	40,445	22,507	31,782
Accounts receivable	4,680	12,727	8,242	4,562	1,671	2,411
Inventory	3,198	15,670	10,686	12,031	2,744	3,383
Prepaid and other current assets	514	1,126	1,308	441	733	332
Total current assets	24,918	88,002	63,847	69,879	39,755	48,208
Property and equipment, net	182	989	1,138	770	517	300
Right-of-use asset	114	1,891	2,043	1,590	1,101	541
Total assets	25,272	91,176	67,323	72,799	41,839	49,477
Accounts payable	5,327	25,887	28,468	39,831	42,307	20,612
Accrued liabilities	777	632	2,635	2,569	—	—
Total current liabilities	27,644	35,389	38,073	47,590	47,060	54,640
Long-term debt	146	—	—	—	—	—
Lease liability, non-current	—	1,593	1,744	1,213	641	23
Total liabilities	27,892	37,134	40,087	49,040	47,887	54,680
Accumulated deficit	(194,886)	(190,055)	(223,425)	(283,823)	(337,688)	(362,512)
Total stockholders' equity	(2,620)	54,042	27,236	23,759	(6,048)	(5,203)
Total liabilities and equity	25,272	91,176	67,323	72,799	41,839	49,477
Common shares outstanding (cover page) thousands of shares	215,013	230,565	235,524	254,952	273,945	316,515

Fiscal years (NLST's year ends in late December)

In thousands of dollars	FY 2020Jan 2, 2021	FY 2021Jan 1, 2022	FY 2022Dec 31, 2022	FY 2023Dec 30, 2023	FY 2024Dec 28, 2024	FY 2025Dec 27, 2025
Net income (loss)	(7,268)	4,831	(33,370)	(60,398)	(53,865)	(24,824)
Stock-based compensation	763	1,580	3,214	4,337	4,436	3,438
Depreciation and amortization	147	127	340	368	345	280
Net cash from operating activities	(8,134)	6,007	(14,995)	(41,601)	(34,585)	(14,735)
Purchases of property and equipment	43	520	467	—	71	42
Net cash from investing activities	(43)	(520)	(467)	—	(71)	(42)
Proceeds from issuing common stock	12,174	39,569	4,436	52,058	19,456	—
Repayments of long-term debt	423	17,087	562	447	500	537
Net cash from financing activities	12,987	36,466	594	50,835	16,418	22,252
Net change in cash	4,810	41,953	(14,868)	9,234	(18,238)	7,475

SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Netlist	30,655	not reported	3,308*	349.6M	—	Q2 FY26 10-QJun 27, 2026
Espey MFG & Electronics	19,437	13,472	(607)*	3.0M	74.9 quarters	Q4 FY26 10-KJun 30, 2026
Nve	3,970	5,835	5,821*	4.8M	—	Q2 FY27 10-QSep 30, 2026
Blaize Holdings	36,847	11,985	(28,667)*	144.8M	1.3 quarters	Q2 FY26 10-QJun 30, 2026
Methode Electronics	116,200	265,400	(7,800)	35.6M	10.7 quarters	Q1 FY27 10-QAug 1, 2026
Atomera	23,268	0	(3,174)*	39.1M	3.0 quarters	Q3 FY26 10-QSep 30, 2026
Sunhydrogen	12,131	0*	(1,213)*	5.7B	26.4 quarters	Q4 FY26 10-KJun 30, 2026
Kopin	24,877	1,269	(4,332)*	185.9M	5.7 quarters	Q2 FY26 10-QJun 27, 2026
T1 Energy	79,109	250,128	(30,105)*	294.5M	2.6 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.